China needs to invest in California-based industries

July 9, 2009

California, the world’s sixth largest economy, is experiencing the most serious fiscal crisis in its history. Bill Mundell dialogued with NetEase (a leading China-based Internet technology company) and said he thinks the government should adjust its strategy in California, open its horizons, and look outside of the box for new alternative ways to restructure its financial situation. [Netease.com]